Ambassador Abbey Walusimbi, the Senior Presidential Advisor on Diaspora Affairs, has said government is fully concerned over the increasing cases of human rights violations against Ugandan migrant workers. Amb. Walusimbi made the call while speaking to over 100 recruitment companies that attended a three-day retreat organized by the Uganda Association of External Recruitment Agencies (UAERA)…
The National Environmental Management Authority (NEMA) has finally agreed with Speke Resort and the Convention Developer on how the project can continue without compromising the integrity of Lake Victoria. This website has learnt that NEMA Management Team and Board members visited the site on Wednesday March, 9, 2022 to assess how the project could exist…
A cow traced back to President Museveni’s Kisozi Ranch herd sold for R2.1m (Shs491.5m) in an auction on Saturday on South Africa President Cyril Ramphosa’s ranch. According to the state-run New Vision, the three-year-old Ankole cow is called Fafa. Ramaphosa used artificial insemination by getting the embryos of 43 Ankole cows more than 15 years ago.…
The Ministry of Works, Transport and Communication has announced a new Board of Directors for Uganda Airlines to replace the one that was suspended in May last year on the orders of President Museveni. Reports quoting a source from the Ministry of Works say that the new Board is headed by Ms Priscilla…
Uganda Airlines has revealed that it is set to roll out its Self-Handling Project before the First Quarter of 2022 ends. This was confirmed by Shakila Rahim Lamar, the Corporate Affairs & Public Relations Manager at Uganda Airlines in a recent interview. “This will involve passenger, baggage and cargo handling, maintenance, security, and general ground operations,” Lamar…
The shareholders of Greenland Bank Ltd have petitioned the Commercial Division of the High Court over liquidation of their bank that is yet to be concluded after more than two decades. The 27 aggrieved shareholders, led by Mr Sulaiman Kaweesi, state that their bank was placed under liquidation 21 years ago, but the process is…
While Celebrating International Women’s day, Businesswoman, entrepreneur, and wife to city tycoon Sudhir Ruperala, Jyotsna Ruparelia has applauded fellow women for their big roles in economic, social, and cultural development not only in Uganda but across the Globe. In her international women’s day message, Jyotsna noted that women should be celebrated for their visionary, courageous,…
The EU-funded Uganda Green Enterprise Finance Accelerator (UGEFA), which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy, has today announced that it is accepting applications for its fourth and final cohort to join its programme. UGEFA is seeking high-potential small and medium-sized enterprises looking for debt finance to…
On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda over the fate of Crane Bank. The central bank closed Crane Bank in October 2016 claiming it was undercapitalised. The latest ruling is a culmination of a running battle between the central bank and Sudhir for four…
Supreme Court ruling on Bank of Uganda versus Sudhir Ruparelia in Shs 397 billion case confirms Auditor General’s report that BoU officials swindled the cash in CBL sale. The Supreme Court on February 12, 2022 upheld the earlier rulings of the High Court and Court of Appeal that the Bank of Uganda (BoU) must pay…
